Interested?   Call Evan at (813) 693-1721
or email him via evan@16107gulfblvd.com

Interested?   Contact Evan at (813) 693-1721
or email him via evan@16107gulfblvd.com


View 3D Walk Around
16107 Gulf Blvd,  Redington Beach, FL 33708
Situated on prestigious Gulf Blvd, surrounded by facing multi-million dollar estates, this property offers an unrivaled address on the island's most coveted street and there is an opportunity for an even deeper lot with the right offer. This spectacular water view opportunity with breathtaking Gulf views offers a rare chance to own a water view property with views of the Gulf of Mexico in the highly desirable Redington Beach community.

As a well constructed 1950's 3-bedroom, 2-bathroom home (spanning 1,450 square feet), it has endless potential for renovation or redevelopment. Though the home sustained flood damage from Hurricane Helene, it presents an incredible opportunity for investors, builders, or buyers with a vision to restore or reimagine this coastal retreat.
60 x 117
Size
4.3 ft
Elevation
127 yards
to the beach
7,020 sq ft
Lot Size
Disclaimer: The information provided herein, including but not limited to measurements, square footages, lot sizes, specifications, number of bedrooms, number of full or half bathrooms, calculations and statistics ("Property Information") is subject to errors, omissions or changes without notice, and Seller expressly disclaim any warranty or representation regarding the Property Information. You must independently verify the Property Information prior to purchasing the Property.

Realtors: We understand the value of a simple transaction. We will be low maintenance sellers. That said, please do NOT contact us unless you have an interested buyer or specific property questions (no marketing pitches).

Possible Gulf View


The drone photographs below from 16107 Gulf Blvd look toward the beach simulating a potential view from a theoretical third story window, exact view will vary based on final construction.

Development Options*

There are multiple opportunites for a buyer looking to develop this property into their dream home.

  REMODEL  

The first option is simply remodeling the 1,450 square foot home currently on the property, which has a four foot cut inside. We have obtained a Non-Substantial Damage assessment from the city, thus enabling a future owner to simply renovate the existing 3 bedroom, 2 bath structure as it stands (though cost to remodel must comply with FEMA's 50% Substantial Improvement rule). The retrospective appraisal placed the building's ACV at $322,240.

  RAISE  

The second option is raising the existing structure to become a second story building and then renovating the inside. We have been told the cost to raise the existing structure would be approximately $175,000, a portion of which could possibly be covered by a FEMA Flood Mitigation grant.

  REBUILD  

Several local general contractors familiar with building on the barrier island have informed us of the approximate cost to build.

LUBKE has estimated it would cost approximately $2,300,000 for them to build a 4,500 square foot luxury home with pool on this property (~$500 per sq ft).

Additionally, Tulia Homes' recent nearby luxury home on Redington Beach cost roughly $350 per square foot, which would put the cost of a new 4,500 sq ft construction at about $1,600,000.

  FEMA GRANT INFORMATION  

The single story house located on this property flooded during Hurricane Helene. The house has been gutted and treated so it is in a stable condition. We have not demolished the house because it opens the door for a new owner to apply for a FEMA grant. Because the structure is currently insured through the National Flood Insurance Program and is a single story dwelling, a new property owner may be eligible for FEMA's Flood Mitigation Assistance grant worth up to $140,000 towards (a) the lifting of the existing dwelling or (b) the construction cost of a new structure.

You can find more information about this grant on FEMA's website: https://www.fema.gov/grants/mitigation/learn/flood-mitigation-assistance

This information in no way implies the new owner is guaranteed to receive the FEMA grant nor the amount, but this publicly available information is mentioned in an attempt to assist a new owner in reducing their overall cost of developing this property.


*Disclaimer: These costs are estimates and may not reflect actual cost. Seller expressly disclaims any warranty or liability from providing these figures. Buyer should get independent estimates for their intended project.

Top Facts and Details


  MAJOR PRICE REDUCTION  

The property's beautifully restored 1950s bungalow was flooded during Hurricane Helene. Consequently, the asking price will be reduced from the original $1,200,000 pre-storm asking price, creating an unusual opportunity for such a spacious lot located a short 127 yards from a private, resident only white sand beach.

  HIGH ELEVATION  

At a high ground elevation of 4.3 feet this property has been protected against most surge events on Redington Beach. This property never flooded before the historically catastrophic Hurricane Helene, having survived Irma, Eta, and several other storms which devastated portions of Redington Beach in the past.

  SPACIOUS LOT  

This spacious lot is 60 feet wide and 117 feet deep bringing the total size to over 7,000 square feet. Uniquely, this property has no easement on the front and extends all the way to the sidewalk (while most properties on Redington Beach have a large easement).

  STEPS FROM THE BEACH  

Located across the street from a nearby walk across, the white sand of Redington Beach is only 127 yards away from the property, less than a sixty second walk.

  SOLID GROUND  

As part of the original barrier islands (before they were artificially widened) this property is located above the original coral reef that created the islands, while most of the back roads on Redington Beach are atop artificial sandbars built to extend the useable land on the islands.

  OFFICIAL DOCUMENTATION  
Elevation Certificate (2021) - Download

Original Blueprints (1950s) - Download

Non-Substantial Damage Letter (2025) - Download

Retrospective Pre-Storm Appraisal (2024) - Download

Survey (2021) - Download

Floor Plan (2024, pre-flood) - Download

NEIGHBORHOOD AMENITIES
Gulf of Mexico Beach Access 50 yards North (across the street at 162 Ave.)

Resident Only Beach No public access, no public parking.

Pedestrian Only Beach No animals or motorized bikes allowed on the beach

Mostly Non-Commercial Redington Beach is one of only two primarily residential beaches towns in Pinellas County

Neighboring Home Values $1 to $8 Million

Bus Stop 50 yards South

Grocery Store 1 mile South

PARKS Redington Beach boasts 4 local parks, 5 "triangle" parks and 6 beach access points within its 10-block length along Gulf Boulevard.
* Town Park (corner of Gulf Boulevard and 164th Avenue) with Shelters, playground, basketball court, shuffleboard court and more.
* Friendship Park (164th Avenue, across from Town Hall intercostal side) with parking & a Kayak Launch.
* Moon Park (beach side of Gulf Boulevard at 157th Avenue)
* Causeway Park (along 161st Avenue causeway)
* A Beach parking lot (160th Ave)

No HOA. Optional Property Owners Association. $25 Yearly.

No Rentals of Residential Amenities such as pools, yards, driveways, roofs on a daily or even hourly basis.


Photographs

The property's dwelling was flooded during Hurricane Helene.

The bottom 48 inches of the interior has been removed (including much of the flooring) and the interior has been treated with antimicrobial.